Here's why graduate student enrollment may take a hit - Shalina Chatlani, Education Dive

Virginia Foxx, Republican representative from North Carolina and chair of the House education committee, has proposed higher education legislation that would put a limit of $28,500 annually on how much graduate students can borrow — with a provision for higher lending for students in medical fields. The bill would negate several benefits for borrowers by modifying income-based repayment plans and eliminate Public Service Loan Forgiveness and possibly federal work study, reports Inside Higher Ed. The plans follows tax bills from the Senate and House that would implement a 1.4% excise tax on private colleges with the largest endowments of $500,000 and $250,000 per full-time student respectively. In addition, the House bill proposal would eliminate the tax deductions on student loan interest and institute an income tax on tuition waivers and stipends — which many higher ed leaders worry will hinder graduate student enrollment. Graduate students across the country have participated in protests and walk-outs, reports NPR, with many saying they may not be able to afford graduate school any longer, especially with proposed caps on federal student borrowing. https://www.educationdive.com/news/heres-why-graduate-student-enrollment-may-take-a-hit/512847/